FPIs have sold over $14 billion worth of Indian bonds on a net basis since the beginning of 2020. Even as risk aversion continues among foreign portfolio investors (FPIs) and uncertainty persists around the growth and fiscal slippage numbers of Indian economy, foreign investors continue to dump Indian bonds having sold over $2.6 billion worth of debt in May itself. FPIs have sold over $14 billion worth of Indian bonds on a net basis since the beginning of 2020.